Jay Industrial Repair, Inc. Employee Savings Retirement Plan — Form 5500 plan (Jay Industrial Repair, Inc.)
Plain-English plan summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Jay Industrial Repair, Inc. Employee Savings Retirement Plan is a benefit plan reported by Jay Industrial Repair, Inc. under EIN 63-1151736 and plan number 001. The latest loaded filing year is 2023. The filing reports 261 participants and $12,162,132 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Jay Industrial Repair, Inc.
- EIN
- 63-1151736
- Plan number
- 001
- Plan type
- 2
- Location
- Birmingham, AL
- Latest filing year
- 2023
- Participants
- 261
- End-of-year plan assets
- $12,162,132
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 261 | H, C | 20240911133157NAL0008551985001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $12,162,132
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $12,162,132
- Net assets (BOY)
- $10,306,784
Income & contributions
- Employer contributions
- $200,154
- Participant contributions
- $870,143
- Total contributions
- $1,160,399
- Total income / additions
- $2,734,284
Expenses & distributions
- Benefits paid
- $810,013
- Administrative expenses
- $68,923
- Total expenses
- $878,936
- Net increase / (decrease)
- $1,855,348
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $68,922 | $0 | 2023 |
| Nbc Securities Inc | OTHER SERVICES | $0 | $22,655 | 2023 |
| Morningstar Investment Management L | INV ADV, PARTICIPANTS | $0 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Jay Industrial Repair, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in AL
- 401(k) and benefit plan filings in Birmingham, AL
- Principal Life Insurance Company — Schedule C compensation
- Nbc Securities Inc — Schedule C compensation
- Morningstar Investment Management L — Schedule C compensation